NewEnergyNews: QUICK NEWS, 4-26: FINANCIAL REFORM INCLUDES EMISSIONS TRADING; NEW FLORIDA JOBS IN WIND; LOUISIANA UTILITY LOOKS AT SUN; BETTER PLACE GOES TO CHINA/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Monday, April 26, 2010

    QUICK NEWS, 4-26: FINANCIAL REFORM INCLUDES EMISSIONS TRADING; NEW FLORIDA JOBS IN WIND; LOUISIANA UTILITY LOOKS AT SUN; BETTER PLACE GOES TO CHINA

    FINANCIAL REFORM INCLUDES EMISSIONS TRADING
    Derivatives bill calls for US carbon market study; Agency heads would send report to Congress
    Timothy Gardner and Roberta Rampton (w/Marguerita Choy), April 22, 2010 (Reuters)

    "A tough new proposal to regulate U.S. markets calls for top regulators and government officials to conduct a study on transparency in emerging U.S. carbon markets as part of the financial reform package.

    "The heads of the Treasury Department, the Commodity Futures Trading Commission and other U.S. agencies would be required to study oversight of existing and prospective carbon markets, according to the proposal, part of a bill passed by the Senate Agriculture Committee…"


    click to enlarge

    "The goal of the study is ‘to ensure an efficient, secure, and transparent carbon market, including oversight of spot markets and derivative markets,’ the bill said…It will be merged with the Senate Banking Committee's financial reform package, expected to be debated [this] week, which will likely include a crackdown on the unregulated $450 trillion derivatives market.

    "Emerging carbon markets are either voluntary or regional because the U.S. government does not limit emissions of gases blamed for warming the planet, considered a requirement before the launch of a national market…Ten states in the U.S. Northeast operate a carbon market on power plants. In addition, the Chicago Climate Exchange also runs voluntary carbon markets…[C]ritics of carbon markets say that not all of the credits that are traded in them represent true emissions reductions…"


    click to enlarge

    "Other agency officials required to participate in the study would be the heads of the Agriculture Department, the Securities and Exchange Commission, the Environmental Protection Agency, the Federal Energy Regulatory Commission, the Federal Trade Commission, and the Energy Information Administration, the independent statistics arm of the Department of Energy.

    "The interagency group would be required to submit a report to Congress on their study within six months…"



    NEW FLORIDA JOBS IN WIND
    Wind energy plant to bring 215 jobs; Gainesville factory to build gearboxes for turbine systems
    David Markiewicz, April 24, 2010 (Atlanta Journal-Constitution)

    "A German company plans to build a wind energy plant and bring 215 new jobs to Gainesville.

    "ZF Group, an automotive industry supplier…will make wind turbine gearboxes for systems that convert wind energy into electricity. The company will invest $90 million in the project."


    Add one for Florida (click to enlarge)

    "It was the third job-creation announcement in three days…Arkansas frozen baked goods maker De Wafelbakkers… will take over an abandoned bakery in Henry County and hire 242 workers…General Electric will create 400 new jobs in Cobb County when it opens its futuristic Smart Grid Center of Excellence…That’s 857 jobs in three days.

    "…[T]he wind energy plant…will be built in the Gainesville Business Park, near an existing ZF facility that makes axle drives and transmissions for passenger vehicles and heavy construction equipment…"


    Tens of thousands of plants like this one will come as wind moves toward its goal of providing 20% of U.S. power by 2030. (click to enlarge)

    "Construction is scheduled to begin immediately, with the plant to open in February 2011. Production is set to start January 2012…The company will receive economic incentives for the project including tax credits, as well as free, customized employee training assistance from the Quick Start program…"

    [Elizabeth Umberson, executive, ZF:] “There is a heightened global focus on renewable energy production, and we believe there is an opportunity to leverage our automotive driveline and chassis technology leadership in this exciting and growing alternative energy sector…”


    LOUISIANA UTILITY LOOKS AT SUN
    La. utility experimenting with solar energy
    April 25, 2010 (AP via WXVT-CBS)

    "A utility that serves about 276,000 customers in 23 Louisiana parishes is experimenting with solar power.

    "Cleco Corp. has installed solar panels on the roof of its headquarters in Pineville to collect data on whether it works well in the state, what it would cost and whether the cost would be worth it."


    click to enlarge

    "…[T]hree kinds of stationary solar panels and one panel that rotates to track the sun were installed…

    "Cleco will track the amount of energy produced, how much local weather affects solar power production, which cells work best and how much is added by tracking the sun with the rotating panel…[P]ower from the panels will be put into the grid..."



    BETTER PLACE GOES TO CHINA
    Better Place in China deal
    John Reed, April 25, 2010 (UK Financial Times)

    "Better Place, the electric car infrastructure company, has announced its first deal with a carmaker in China, potentially the biggest future market for battery-powered cars…[It] signed a memorandum of understanding…with Chery Automobile, China’s biggest independent carmaker, to develop prototypes for electric vehicles to be used in regional state-sponsored pilot projects.

    "The cars will have switchable batteries that can be removed and replaced with recharged ones at swap stations of the type Better Place is building in countries including Israel and Denmark."


    From btrplc via YouTube

    "Better Place believes that electric vehicles will be accepted on the mass market only if its batteries can be decoupled, making the cars cheaper and easier to drive on long trips...Chery displayed an electric version of its Riich G-5 sedan incorporating a switchable battery at…[the] Beijing auto show.

    "The deal makes the Chinese company the second carmaker after France’s Renault to sign up to the US company’s unorthodox business model, which many rival carmakers doubt will be widely adopted…"


    click to enlarge

    "…[Better place is beginning] a “proof” project showcasing the technology in Japan…[F]our Tokyo taxis [will] travel for 100 days, stopping only three times a day to have their batteries swapped

    "In January, Better Place raised $350m in one of the biggest venture capital financings ever for a 'clean tech' company…"

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